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Arthur J. Gallagher & Co. Acquires Australian Broker MACK Insurance Services

by lpiccitto | Aug 6, 2025 | Uncategorized

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Australia-based MACK Insurance Services. Terms of the transaction were not disclosed. MACK Insurance Services is a commercial insurance broker with a focus on the...

Howden Re Granted License to Operate From Dubai International Financial Centre

by lpiccitto | Aug 6, 2025 | Uncategorized

Howden Re, the global reinsurance brokerage arm of Howden Group, announced it has secured a full reinsurance license from the Dubai Financial Services Authority (DFSA) to operate from Dubai International Financial Centre, the leading global financial center in the...

UK Firms Hire Contractors Instead of Employees to Cut Tax Bills

by lpiccitto | Aug 6, 2025 | Uncategorized

UK businesses are turning to the self-employed in an effort to rein in costs as they try to navigate Chancellor of the Exchequer Rachel Reeves’ £26 billion ($34.5 billion) payroll tax hike. Advertised contract jobs have risen 22% since April, …

Delay in Upping Its Claims Offer Could Cost AIG, Federal Appeals Court Says

by lpiccitto | Aug 6, 2025 | Uncategorized

AIG could pay dearly for refusing to budge on a claim settlement offer of $2.65 million for nearly a year after receiving estimates that a jury would likely award the claimant $7.5 million for her injuries. A jury did eventually …

US to Ease Long-Range Drone Rules in Boon for Walmart, Alphabet

by lpiccitto | Aug 6, 2025 | Uncategorized

President Donald Trump’s administration proposed a rule to allow more commercial drones to fly beyond an operator’s visual line of sight, a potential boon for companies such as Alphabet Inc.’s Wing unit and Walmart Inc. pushing to deliver packages by …
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